Rare Riverside Land Assembly. Opportunity to pivot from highly saturated markets and explore a Windsor investment where the numbers may make more sense. Approx. 22,312 sq. ft. connected site with exposure across 3 street frontages, including a high-profile corner position, offering strong potential upside for builders, developers, and investors. Planning Consultation Stage 1 Letter and architectural drawings available for a proposed multiple dwelling concept with approx. 112 m / 37 storeys, 338 units, and 300 parking spaces, which, if approved and constructed, may represent one of Windsor's tallest residential developments. Existing 3 houses offer a combined 12 bedrooms, 4 bathrooms, and approx. $5,100/month rental income for holding income. Strong Riverside location with potential Detroit skyline / riverfront views depending on final design and approvals. Windsor offers comparatively affordable acquisition pricing compared to many major Canadian markets, with strong rental demand and potential for higher Riverside-area rents. Buyer may explore CMHC MLI Select financing for future rental development, subject to all lender, CMHC, zoning, design, affordability, energy efficiency, accessibility, and municipal requirements. Buyer and buyer's agent to verify zoning, services, setbacks, parking, income, expenses, financials, architectural drawings, planning process, CMHC eligibility, rent potential, development potential, and all approvals. Seller and listing brokerage make no representation or warranty. Architectural drawings, Planning Consultation Stage 1 Letter, planning process details, and financials available upon request after signed confidentiality agreement. (id:61594)
| MLS® Number | X13099192 |
| Property Type | Single Family |
| Community Name | Windsor |
| Easement | Unknown, None |
| Parking Space Total | 3 |
| View Type | Unobstructed Water View |
| Water Front Type | Waterfront On River |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 12 |
| Bedrooms Total | 12 |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 0 - 699 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| No Garage |
| Access Type | Public Road |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Frontage | 120 Ft |
| Size Irregular | 120 Ft ; Irregular |
| Size Total Text | 120 Ft ; Irregular |
| Zoning Description | Rd2.2 |
https://www.realtor.ca/real-estate/29719034/819-829-riverside-drive-e-windsor-windsor
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